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20121202
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government and the lloyd. this is about an hour. -- and deloitte. this is about an hour. >> good morning. i'm the head of bloomberg government. thank you for joining us today, and thank you to deloitte for partnering with us in this event. when we launched bloomberg government just about two years ago, we had the aspiration of creating a one-stop shop, with data, tools, news, and analysis to help government affairs and government sales professionals make better and faster decisions. we went a long way toward achieving that aspiration. a big part of it is conversations on the important issues that face our nation today, particularly at the intersection of business and government. today's discussion on the fiscal cliff clearly meets that. we are honored to have such a thoughtful panel. senator mark warner, senator bob corker, congressman chris van hollen, governor tim pawlenty, who is currently president and ceo of the financial services roundtable. moderating our discussion today is al hunt. we always love having al over here. he really put bloomberg on the map here in d.c. yesterday it was
government should stick to the constitution. the state courts have nothing to say about it. we say no gay marriage, period. we should not go around and heard them. it is unnatural for a man to be with a man. i think we should have won solid law against it. host: why keep it at a government level and not at the state level? caller: look at what is going on now. we set a lot. everybody says, i interpret it this way or that way. it is causing more and more problems. we do that all of the time. man, woman, period. host: "the washington post" adds -- good morning from minnesota on the democrats' line. caller: thank you for c-span. this is what i have not heard said by both -- most of the things i have listened to or watched between the debates on gay marriage. it is all legal documents. some states have the take a blood test. you have to get a marriage license from your state or county. when you get married, you get married in a church. % a church document with witnesses. if you get a divorce, you cannot say i will wrap up this thing we signed a in church. you have to get attorneys and illegal
governments, spending 42% of the gdp. and we want to make any effort to stop that? or are we discussing to say it has never stopped before? >> i think the earlier social security, not fully implemented. there was no medicare. it has been pretty stable since 1980. it goes up and down with the business cycle, but it is pretty stable. this is the division between the right and left. who will continue to fight about bigger government and smaller government. we will not do it by refusing to pay for the government we have, thinking the economy in the process. that would be a good start, as a backdrop. i want to touch on your question about corporate and individual taxes. the third piece is small businesses. we work out how develop a tax code that is good for competitiveness. you need to think about how those play into it. i think one of the things to keep hearing through messages with different groups of people is, while everybody is aware that the solution is going to take sacrifices from all sides, on spending, on revenues -- the confidence you get for putting the deal in place to actually has tre
, a bloomberg government former members of both parties said negotiators should be able to reach an agreement. in an hour, president obama speaks to ceo's at the business roundtable, followed by news conferences with house speaker john boehner and minority leader nancy pelosi. >> the supreme court will look at what was passed in 2008 by a majority of six-three, i believe, and they will say that is precedent. indiana had a voter i.d. -- >> they decided on the indiana case, it was constitutional for them to establish id they did not say all of that was subsequently -- >> they talked about indiana. you misrepresented what i said. the supreme court is the law of the land. >> when i hear these accusations that black people voter i.d. loss disproportionately affect minorities -- implies to me that somehow we have something missing in our brain. as -- if white americans can get id to vote and go through all the processes to follow the laws, what are you telling black people? that somehow they are not good enough? that is what bothers me about a lot of the rhetoric coming from democrats and the left.
home is the american dream. government support excessive borrowing has turned into a national nightmare, close quote. and the focus of that editorial was, we still haven't fundamentally reformed that, including at f.h.a. so i hope we start getting on that track starting today. thank you, mr. chairman. >> senator menendez. >> thank you very much. i'll be brief. i look forward to hearing the secretary's response on how f.h.a. balances the goals of remaining self-sufficient without taxpayer funds, but also helping what is still a fragile housing market in ensuring first-time home buyers can get credit. there is a clear case to be made in my mind that but for f.h.a. in the midst of this housing crisis, we would have a far greater crisis on our hands. and so reconciling the fiduciary responsibilities here to the taxpayers as well as the mission to people of america is incredibly important. i look forward to hearing that. and with your indulgence, mr. chairman, when it comes to my time in questions, while i certainly care about f.h.a., i have a even more pressing issue in the state of new jer
. and so, listen, i understand ideologically why people who believe that they want to shrink government up so small they can drown it in a bathtub may always lead that way, but it's not in the best interest of the american people in my humble opinion. >> i am going to be measured in my response because you all have an obligation to ask questions. but i hope at some point you all who have heard us on this side and the other side of the aisle talking about this will do the math, quite honestly. i can tabulate very quickly for you $3 trillion worth of cuts that have now gone into law that democrats have been there on the tough -- on those tough negotiations. the chairman mentioned $1 trillion that was exacted as a result of the budget control act where the republicans were threatening for the first time have the nation default on its credit if we didn't do something. $1 trillion. that's already taking place, the $1 trillion in cuts. there's another $1.2 trillion that came from the same law, as we know, as the sequester, that also by law will start to take place. that's $2.2 trillion. we talke
of the federal government. it isur job to protect people. it is our job to help communities rebuild when there are natural disasters that local governments just can't afford to be able to pay for on their own. now, new york has been working very hard to come up with a plan about how to rebuild. but the transportation infrastructure has taken an unbelievable beating. in new york alone, 2,000 miles of roads were destroyed or damage 11 tunnels were flooded. and our -- our city and our state really relies on mass transit. we are the number one users of mass transit in the country. and with our mass transit system, miles of tracks and tunnels were flooded with corrosive saltwater. 12 subway ations were damaged or destroyed, 500,000 transit riders are still experiencing severe disruptions. you will have the mta chairman come in which is fantastic. he can give you the nuts and bolts of the loss, the repairs, a lot of service is up and running now, b long-term repairs must be done. the storm just filled up the subways. when we builthese subways 100 years ago, they could not have imagined this ki
Search Results 0 to 6 of about 7